Topic: Will Spain ever learn?

Well they lost their AAA rating today.

They think raising taxes works to pay off a deficit.


The real issue is WHY DID YOU MAKE A DEFICIT IN THE FIRST PLACE!

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Re: Will Spain ever learn?

Haven't you heard? Clinton told us today that higher taxation is good for the economy. She was elected to the Senate because her husband was President. She knows what she's talking about. And he was a great president because... um... a lot of welfare recipients say so. And they're successful, so they must know what they're talking about.

[I wish I could obey forum rules]

3 (edited by [TI] Primo 29-May-2010 09:57:26)

Re: Will Spain ever learn?

[]

☑ Saddam Hussein ☑ Osama Bin Laden ☐ Justin Bieber

Re: Will Spain ever learn?

Raising taxes is like taking a loan to pay of your mortgage... If another crisis occures they will have to raise taxes again to prop up the goverments spending, ad infinitum.

The only viable to reducing a deficiate is cutting goverment spending.


"WHY DID YOU MAKE A DEFICIT IN THE FIRST PLACE!"

They can't compete with Northern European export economies, and since they're part of the Euro, they can not lower their currency to compensate. Besides that, they're also socialists and mediterraneans, bad combo.

Je maintiendrai

Re: Will Spain ever learn?

> BiefstukFriet wrote:
Besides that, they're also socialists and mediterraneans, bad combo.

is that like an euphemism for no ambition and lazy tongue?

till the end of time..

Re: Will Spain ever learn?

you're in Ibiza right now, aren't you?

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Re: Will Spain ever learn?

Been there done that!

Je maintiendrai

Re: Will Spain ever learn?

> ..Nemeara.. wrote:

> > BiefstukFriet wrote:
Besides that, they're also socialists and mediterraneans, bad combo.

is that like an euphemism for no ambition and lazy tongue?

Yup. tongue

Je maintiendrai

9 (edited by Commander Christ 31-May-2010 18:40:17)

Re: Will Spain ever learn?

Given the history between our two countries (United Kingdom & Espania) I think it is understandable, and possibly even within the rules when I say:

[], it's their own fault for having an economy based on stealing fish, treasure, etc from other people's watersd without permission.
Yeah, that's right, we still want that treasure chest back, you thieving....

"So, it's defeat for you, is it? Someday I must meet a similar fate..."

Re: Will Spain ever learn?

"The real issue is WHY DID YOU MAKE A DEFICIT IN THE FIRST PLACE!"
Nail on the head. The answer I'm afraid is simple. Politicians buy popularity and goodwill with money they lend. People are fooled in a very simple and classic way.

A lot of politicians manage to get away with it rather easy. Like Obama or Berlusconi.

Re: Will Spain ever learn?

The UK has no right to criticise Spain for stealing treasure. Have you ever been to the British Museum?

tweehonderd graden, dat is waarom ze me mr. fahrenheit noemen, ik reis aan de snelheid van het licht, ik ga een supersonische man van u maken

Re: Will Spain ever learn?

Wow I did not know they lost their AAA rating!

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Re: Will Spain ever learn?

> [TI] Sitting Duck wrote:

> The UK has no right to criticise Spain for stealing treasure. Have you ever been to the British Museum?

And no right to criticise about having a deficit.

Je maintiendrai

Re: Will Spain ever learn?

very true

tweehonderd graden, dat is waarom ze me mr. fahrenheit noemen, ik reis aan de snelheid van het licht, ik ga een supersonische man van u maken